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GE stock pops as profit beats amid 'rapid growth' in aviation business

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GE's results topped Wall Street expectations amid rapid growth in its aerospace business.

) stock rose as much as 7% on Tuesday after the industrial icon posted a quarterly profit beat and raised guidance, citing its fast-growing aerospace business.

While navigating supply chain issues, the industrial giant's year-to-date commercial engine deliveries are up 30%. Technicians build LEAP engines for jetliners at a new, highly automated General Electric factory in Lafayette, Indiana, U.S. on March 29, 2017. Picture taken on March 29, 2017. REUTERS/Alwyn Scott

Once the the renewable unit is spun off, GE will be focused on its aviation business, called GE Aerospace. It will continue to be listed as GE on the New York Stock Exchange. 'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this dayRated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Your capital is at risk.Air Canada stock got severely beaten down in the March 2020 COVID crash. Here's why it's probably not going lower.

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